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Stock Market & Financial Investment News

News Breaks
February 27, 2014
07:34 EDTGIBCGI Group extends, expands partnership with EPIM
CGI has signed an agreement to operate and further develop an IT system that manages oil and gas activities on the Norwegian continental shelf and internationally. The agreement with Exploration and Production Information Management Association has a total value of NOK74M over four years. Today's announcement extends and expands the partnership between the two companies. Under the new agreement, CGI will assume responsibility for operating L2S to support exploration on the Norwegian continental shelf and internationally until FY17. During this time, CGI will continue to operate an L2S solution for international oil and gas exploration. CGI will upgrade the L2S portal and user interface leveraging an OpenText portal solution. CGI has also signed a letter of intent to standardize and enhance all EPIM end-user support agreements.
News For GIB From The Last 14 Days
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July 16, 2014
08:32 EDTGIBCGI Group subsidiary awarded $64M in task orders by U.S. DoS
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July 11, 2014
10:00 EDTGIBOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Altria Group (MO) initiated with an Outperform at Cowen... Berkshire Hills Bancorp (BHLB) initiated with a Hold at Jefferies... CGI Group (GIB) initiated with an Outperform at Credit Suisse... Halozyme (HALO) initiated with an Overweight at JPMorgan... Lorillard (LO) initiated with an Underperform at Cowen... MacroGenics (MGNX) initiated with an Outperform at Oppenheimer... Philip Morris (PM) initiated with a Market Perform at Cowen... Prothena (PRTA) initiated with an Outperform at Oppenheimer... Reynolds American (RAI) initiated with a Market Perform at Cowen... Seventy Seven Energy (SSE) initiated with a Buy at Wunderlich... SouFun (SFUN) initiated with a Neutral at Macquarie... Sprouts Farmers Markets (SFM) initiated with a Neutral at Longbow... Sterling Bancorp (STL) initiated with a Buy at Jefferies... Xencor (XNCR) initiated with an Outperform at Oppenheimer... YPF (YPF) initiated with a Neutral at JPMorgan... iGATE (IGTE) initiated with an Outperform at William Blair.
07:49 EDTGIBCGI Group initiated with an Outperform at Credit Suisse
July 9, 2014
08:31 EDTGIBCGI Group names Francois Boulanger as CFO
CGI Group announced that, effective October 1, Francois Boulanger currently senior vice president and Corporate Controller will assume the position of executive vice president and CFO. This follows the planned retirement of R. David Anderson, who will stay on in an advisory capacity through the end of January, 2015.

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